407 Park Avenue South, #17F, New York (Flatiron District), NY, 10016 | $749,999

NEW MAJOR PRICE REDUCTION OF $95, 000!
MOTIVATED SELLER! A MUST SEE APARTMENT!
Your opportunity awaits at 407 Park Avenue South, to live in a sun-drenched spacious, renovated 1-bedroom apartment at The Ascot. A wonderful full-service co-op in a prime location in the heart of Flatiron/NoMad.
This newly renovated high-floor unit located on the 17th floor is bathed in natural light from generous windows facing west, enhanced by open city views overlooking Park Avenue South. The generous floor plan includes a beautifully renovated kitchen with stainless steel appliances, white shaker cabinets & quartz countertop. This unit also includes a renovated bathroom with a full-length vanity, new striking light-wood floors throughout the apartment, central AC/heat and an abundance of floor to ceiling closets with custom built-ins.
The Ascot is a luxury post-war co-op in the heart of the Flatiron/NoMad neighborhood. This full-service building includes such excellent amenities as a full-time doorman, concierge, live-in super, new state-of-the art fitness center, central laundry room, bike room, and private storage. A courtyard garden and fabulous new roof deck with a barbecue, loungers, sitting areas, and stunning panoramic views complete the luxury living. This pet friendly building stands 27 stories with ONLY 6 apartments per floor.
You have waited long enough to live in this amazing NoMad/Flatiron location at the NE corner of Park Avenue South and 28th Street; just steps away from the 6 train with terrific restaurants, shopping, Madison Square Park and innumerable neighborhood conveniences all nearby.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 26
  • Amenities: Bike Room; Fitness Room; Laundry Room; Roof Deck; Common Storage; Private Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Ascot, The
  • Year Built: 1984
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU33422855326
  • Days on Market: 286 days
  • Website: https://www.raveis.com
    /prop/RPLU33422855326/407parkavenuesouth_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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407 Park Avenue South, #17F, New York (Flatiron District), NY, 10016

$749,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,999 $599,999 $599,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,093 $3,988 $5,104
Total Monthly Payment $4,185 $4,080 $5,196

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.